Costco’ new financial year saw a continuation of the strong results of the last year. We review its performance and how new ecommerce initiatives and its launch in China have contributed to its growth. Comparable club sales up 5.0% Costco’s Q1 net sales increased 5.6% to $36.2bn, with comparable club sales up 5.0%. Canada led the way with comparable club sales up 5.1%. Comparable ecommerce ...

Woolworths has opened a new supermarket at the Burwood Bricksworks Shopping Centre in east Melbourne, claiming it to be its 'most sustainable' supermarket. New and established features... Some of the interesting features of the store include the fact that it will be completely run on renewable energy, trolleys made from recycled milk bottles, plus freezers and hot water that use natural fri...

Metcash has released half year results for the period ending 31 October 2019, with group revenue including charge-through sales, up 0.5% to AU$7.21bn. Underlying EBIT declined 5.3% to AU$149.7m, mainly attributed to a lower contribution from the food business as a result of the loss of its contract with Drakes on 30 September in South Australia Food sales including charge through increased 1.2...